Usman Uzair

5 easy ways to save money and live frugally 

1. Create a Budget One of the most effective ways to live frugally is to make a budget. A budget is a plan that outlines your income and expenses for a specific period of time (usually a month). By creating a budget, you can see where your money is going and identify areas where you can save. To create a budget, you need to track your expenses for a month and break them down into fixed expenses (rent, mortgage, utilities, etc.) and variable expenses (groceries, entertainment, clothing, etc.).